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Stablecoin payment infrastructure company Pact Labs raises $7 million in Series A funding, led by Tether
Svmuu News: Pact Labs, a stablecoin payment infrastructure provider, announced the completion of a $7 million Series A funding round led by Tether, with participation from Blockchange Ventures and Lasagna.The new funding will be used to accelerate infrastructure development and enable USAT to provide payroll, wage access, credit, and payment services to millions of U.S. workers. USAT is a U.S. dollar-pegged stablecoin issued by Tether in partnership with Anchorage Digital Bank. (PR Newswire)
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